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Today in Washington
September 29, 2010 2:00am-6:00am EDT on CSPAN

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Broadcast Summary

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requirements need army long ohio begin joint presidential family ground strike status combat systems vehicle range establish embarking helicopter portability replacement programs class
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reward contractors
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50 bid last bids shown obstacles simple reduce single remove control awarded usually competitive millions received industry exemplary incumbent contracts structure pentagon incidents costs incumbents valuations competition performance demonstrate changes
02:00
real competition buys directed next save tool stop five must years alone drive place single growth combat cutting promote powerful deluding suppliers department designated billion demonstrate productivity additionally represents already set idea navy ship
02:30
services spend itself upkeep manage system fourth entire always weapons program billion savings evidence aggressively availing possible annually available knowledge facilities technology additional situations government competition information maintenance competitive expected 200 move life such with based clear
03:00
buying services may hard find less used wait fifth ships steps people reduce taking budget defense weapons systems believe getting spending actually certain believing effective practices difficulty contract transportation planes 50 duh
03:30
point added level value steps reduce number intent issues reform taking hasten respond significant weapons program reviews uncover decisions referring statutory support processes necessary investment understand eliminating acquisitions execution filthth low act major
04:00
intent sit mind need late test kind thick thing circumstances reading reports pentagon saturday executing including convinced systems evaluation appreciate engineering embarrassing developmental number afternoon
04:30
sign ask may ever read june human embarrassing equal piece burden afraid reason intent letters never reading nothing imposed paperwork execution number
05:00
paperwork mr end cost need kinds things charge volume intent burden trying change responsiveness paying course impose talking internal changing industry becomes inquiries allowable reporting responding something importantly
05:30
let need major close saying wanted effort change comment support success involvement national endeavor partners chairman interest business vitality conclude financial recognize mentioned continued practices contributions industry require
06:00
year specific fat era fair next shown crept digit third fourth double budget reasons targets several succeed things savings identify reduction reasonable abstractions focused growth
06:30
need secretary yu unto lynn last gates doubt obama thing whole deputy careful consider canceled hesitate congress programs american budget president taxpayers expecting management alternative committee broken
07:00
thank really mccain general defense erosion succeed members discuss fighter getting senator endeavor taxpayer distinguished committee dangerous secretary turbulence confidence department efficiency industry especially capability initiatives opportunity uncertainty cartwright chairman lost world value levin carter dollar
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troops speed adapt world fully order second around combat nation remain points ensure engaged yeltsintive adapted ensuring deployed properly president supported committed context advantage processes constructs information bureaucracy increased sustain few com war age must many
08:00
last nation duty rate grow adapt third expect decade threats quickly ability earlier rapidly depends budgets release changes cognizant evolving granding financial strategy portfolio situation developing appreciate represented success
08:30
shift initiatives com war goal must aimed ratio drive joint along rather forces effect seeking command achieved continue military strategic resources regarding reviews secretary increasing efficiency organizations disestablishment overahead fighter cut
09:00
reduce must functions align order arenas forces service improve efforts nichols positive combined directed layering commands regarding presented selectors unintended strengthen activities consolidate combatant interagency redundancies inefficiencies responsibilities initiatives goldwater co goal coms equip joint train
09:30
combined functions clear lines nation ensure centers towards aspects capacity presents critical retained required authority adaptible continues department importance components appropriate interagency cyberdomain expectations capabilities establishing organizations responsibility cyberoperations construct move base line grow focus surge joint
10:00
align systems information activities role hold must given chief manage policy ensure transit strengthening weapons finally success officer networks expanding oversight operational criticality cyberdomain cybercommand maximize cyberacquisition cyberrequirements support need
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must architecture systems information edge among joint proper enable interagency others ensure further forward players integral superior questions answering throughout innovation department commercial capability coalition adaptibility extend partnerships collaboration tactical free flow
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thank senator 11 12 15 30 much cartwright buses leave stevens general perhaps funeral morning votes probably everybody arlington situation beginning many
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vote 15 time short floor else number around 40 likely second whoever matters morning 11 pending assuming 12 gap somewhere round
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vote end everybody help hope short floor least round senate morning including committee opportunity ok funeral let
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number too let past goal told five lind each often start yield accommodate minute service perhaps placing without contract everybody enough employees secretary categories limitation constrained contractors round
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services categories covered planned contract reduction care clear expect troops health support weapons critical affected logistic functions directive secretary definition correct understanding systems maintenance
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service support mr staff affect precise general looking provide weapons correct someone realize excluded critical fighting something reduction employees assumption contractor government provides maintenance endeavoring contractors capabilities augmentation definition chairman
14:00
task force fall subgroup yes let past cuts next late tell that staff early chief place rangel chairs record working overall helpful proposed robert compared contract secretary sometime found
14:30
budget department services act 806 each 2008 force reason nearly fiscal defense clearly service amounts section national identify required documents requested invisible impossible separately contracting procurement expenditures authorization justification account yet
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requirement department comply complied regretting add hadn part lind data effort better easier develop earlier mentioned secretary right endeavoring undertaking implication task
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month comply best able 2012 data point years better handle couple burden budget commit request trying wondering statutory necessary requirement satisfactory overdue
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let october end yes law why try com shift number budget report whether complying something issue compliance requirement unnecessary requirements 2012 essential
16:30
meetings com series decision analysis issue chiefs senior advisors relative involved probably military precisely 30 secretary jif based shift
17:00
command meetings forces end four ones combatant cases joint asked office longer senior unified general details purposes sfrictly outgoing incoming military rationale central secretary conclusion cartwright commanders join defense
17:30
joint four justified star staff issue terms dollar longer budget record already manning provide particularly doctrine analysis relative training military committee functions command completed important presented redundant secretary billion done
18:00
president thank yet sir decision plan time issue while around unified provide finally changes command approve whatever record forwarded witnesses secretary recommendation much effect
18:30
competition defense industries none aware agree little facing really virtual encouraged 1990 fundamental consolidate consolidation led lack problems
19:00
competition fundamental companies big hard real sure grow among extra offer field might things houses defense several ability problem vitality entrants continue smaller important constraint particularly circumstance encourage bigger
19:30
business six qul ago navy ship ways forms small shipbuilders months altered exactly getting pointing strategy creative example including important technical situation competition mentioned health
20:00
bids somebody signs supply matter lose continue working showing business different suggesting downselect expectation announcement win record
20:30
really every reports fix glad major grows price myriad defense biggest believe problem incentive congress problems required speaking contracts competing corporation fundamental answer
21:00
ask bill act seen next game list every naval maybe study spend played report sitting instead reports saturday unneeded somebody watching football approved academy eliminate afternoon duplicative unnecessary authorization amendment
21:30
stacks reports mr lot isn read vast care lynn agree cost today dirty maybe unneeded little secret health either biggest briefed majority stored somewhere important sometimes escalation assessment office
22:00
doubt ideas growing yes sir 2012 part care pace years issue digit terms costs health fiscal budget fashion largest biggest account dramatic increase restrain congress reviewing proposing inflation substantial double
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25 20 yes find tail last years might ratio maybe personnel thing growth little asking report called helpful tooth pentagon recently civilian dramatic committee statistics compile study
23:00
less yes lot ages tail much case force staff grown ratio least tooth agree consolidates impact forces places optimum several general senator pretty becoming dramatic cartwright activities leadership staffing growth
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thanks battlefield air away kind gates being ocean motivate three tends number showed action opposed helpful layered senator fighters actual dramatic lieberman secretary activities headquarters thank growth
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fact military war need host part moves china rising asking giving already support islamic squeeze managing problems facing extremism relations assertive initiating combination involved series
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really joint security forces ask answer command reached stating national proposal questions waste eliminate secretary gates put point opposition focus
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may dan mind sign open late save 1990 lost money admit really enough important former mission choates answers senator keeping perhaps command closing justify involved military questions jointness accomplished biased yet
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review group defense dan bob 1997 team joint panel people create forces report future called riscassie outside admiral command senator national armitage jeremiah choates responding impressive legislation quadrennial general richard
26:00
joint command forces general lot put law done force cohen place forth drive nichols shelton creation question response military jointness chiefs secretary ultimately recommended goldwater really
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jf 99 bit com hand testimony lennon culture respect purpose society largely achieved little argument doctrine military principal confusion secretary must creation
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really ask four open star three ended joint levin wonder longer mission jointly accomplished disband achieved question chairman response fighting military command justifies important necessary essentially guaranteeing questions believe
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command sure substantial far thus save money start terms aware achieved wouldn former mission closing justify strongly secondly enough progress secretary presidents accomplished danger
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operate differently fundamentally gulf ways much 1991 many trigger suggest complex progress services commands jointness panel communlly conclusion internalizing representation combatant joint
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joint continue role staff billion command progress control manning dollars savings justify functions important duplicates sufficient substantial eliminating subordinate elements organizations reversed
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forces joint command net cost away able much save part join keep figure beyond manning centers working sustain billion elements closing process determine functions substantial headquarters portion things
29:30
command parts senator sum feel keep much date lost thune raise thank whole another quality forward greater answers savings question exists something necessary obviously enthusiasm figure disbanded
30:00
structure 2010 secretary fact gates floor quote panel calls something costs stated modern speech august nation entire current program savings transfer question overhead military library situation initiative eisenhower maintaining budget cut end may goal
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savings war task gates might quote front costs found stated retire reduce summer bomber significantly excess rumors general ordered constant petraeus presence overhead complete structure initiative throughout department afghanistan supply end
31:00
cutting per find gates spoke floor light fleet direct forestructure savings question emphasis opposite committee perplexed structure rumors sustaining efficiency modernizing afghanistan performance secretary highly
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fighting war asked quotes effort savings overhead transfer accounts indicated secretary resources determined forestructure gates modernization scrab things reduce
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looking war part gain point board saying carter result effectiveness forces wouldn across results prejudge transfer overhead fighting secretary department substantial bureaucratic productivity redundancies better
32:30
force air looking 20 let ask 2010 brac 2005 staff floor times chief order forces regard provide failure article schwartz reducing question overhead general structure effective initiative september accomplish mission
33:00
joint department 2005 fact money bases quote study popes stated quotes second result basing actual costing basings whether savings defense stating produced college actually expected reaction criticism savingings remained unclear 26 not cost brac
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money re path gates aware joint wrong saving recognized rather review action examine costing current general basing reports savings schwartz seriously initiative rethink ending
34:00
overseas yes year pump base force point recommendations terms global middle review effect include closures bases oversees reservations announcement consolidation consolidations thinking basis
34:30
seems right savings ongoing senator expired support afghanistan overview purposes ry resources committed structure reid approach fast iraq accomplish study
35:00
defense long plan term operations funds help deal iraq sort beth lynn types afghan mental factor thought approach diminish programs different hopefully resources problem contingency secretary
35:30
budget base talking 100 iraq today clear expect remains operations account whatever decrease reducing continue overseas different billion conditions permitting afghanistan contingency aspects propose
36:00
billion account top 100 need line value gains shift freeing finding sustain overall besides overhead fighting trying resources challenge efficiency significant productivity abilities growth
36:30
part budget fair move open able fact score found forces support accounts conflict fighting overseas contained sustained necessary operations absolutely identified continuing capability capabilities unique
37:00
big etc fade plan point child items carter growth contracts weapons service looking correct problem platform expected usually services analysis specific expensive difficult secretary probably poster
37:30
contracts service two deal main activities full since issue thing little points attempt senator services different times categories maintenance contractors competitors proliferating tell rying
38:00
services matter provide earlier advisory speaking cat knowledge assistant based staff secretary government gere technology information principally expertise moment augmentation within
38:30
people ships planes buy role play sure wrong areas walls living unlike reliant brought outside nothing services contract talent strengthen government excessively aofficially externally bought
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help better ask try isn duty being trade shape craft really things asking trying issuing services contract order ancillary principal surprising requirements preoccupation amateurs clear
39:30
people five trying ask ago help done ways years three thing insist buyers things better amateur exactly culture without sufficed somebody burden nuisance recompete periodically administrative services reliant
40:00
services growth lot grown sector low rest high rate need area goes else last money based three within market faster hanging improve depends research knowledge paster contracting contingency decade everything ve
40:30
20 10 got much full comment hire past time times seems least write afghanistan maybe period trying system better harder across iraq final created relative employee contract wettingly unwittingly board
41:00
people hire part force point kinds walls within easier trying buying pricers systems getting acquisition analysis underway committee execution oversight engineers absolutely commands initiative government contracting bureaucrats observation resistance officers lot cost need aren
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senator thank people status reed within easier execute lemieux helping strugpl mr economic forth chairman recruiting department need bring walls actually
42:00
commands number combatant 10 four sure size star thank senate things struck unified correct someone defense command officers cybersub initially department information today
42:30
military 717 size strategic hear four states united defense organization command average mistake officers civilian possible american support designers effective employees department staggering star numbers
43:00
outsourcing internally joint heard carter recent possible beyond best afishes command services proposals increases top resources secretary cost side using forces
43:30
secretary 44 10 gave star lynn cartwright things better answer general numbers accurate question level addition position efficient suggested effective last officers
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growth target review executives years asked senior talking 300 support civilian officers similarly aim reduction reducing contractors 100 150 flag half
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directed 65 he 10 lot next years staff seems three depot levin direct augmentation support various mention chairman fighting indicated functions target providing secretary commissions maintenance contractors reduction boards
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reduce 25 re 600 hard mccain review immediately reasons funding looking general reports senator studies congress generate directed reviewing mentioned reduction internally annual
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600 add 000 less bill ones gates fight midst people secretary looking exactly putting reports involved reducing overhead reaction accounts military reduction potential important producing afghanistan support
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sir war etc top four star many right every level counterpart times review comment quickly looking general command through accounts pretends fighting resources structure cartwright responsibility ranks
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find anything buy ship stop tied right tying savings cheaper defense balance employees associated individual review incentives appropriate performance compensation responsibilities pushed department
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elf net idea ways self type keep start incentivize study called culture service savings command contract behavior rewarding resources difficult important correction individual institution taken
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put period long right may move need flexibility needs avoid least cover costs around active military something civilians structure sometimes contractor incentives civilian contractors hire discussions incentivizing execute
48:00
thank government challenge mr hope allow spend lemieux commend senator getting country leaving chairman agencies contract financial tiffleian position situation throughout appreciate undertaking methodology
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right add ben need best kind place create appreciation nelson process defense cutting leaving continue military outing questions effective budgeting department economicize improving places
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jointness opposed critical dealing bring element process command senator continue reducing referred certainly lieberman questions joint hope raised maintaining develop
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easy branch buy ago deal wasn mill able stove wouldn another created command military programs together maintain elements jointness eliminate obviously government encouraging piping
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analysis levin others expect defense provided details frame senator reaction thinking systemic within military branches jointness asked terms department working
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savings four frame trams might digit unnecessary outset reduce expect leffed double focused billion traps indicated knowledge eliminate increases budgeting expenditures 100 words
51:00
track 12 yon uned move part three shoot front effort fiscal researching general defense outside focused savings efforts supports become analysis including available employees cartwright february budget
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provide committee four memo task month happy plans track haven carter series within system forces already moments develop working finally earlier changes testified practices secretary department particular acquisition implementation making few put ago
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program training hit rei air navy area nate hawk opportunities force thank joint level global process between pleased operation redundancy particular coordinated coordination right
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general need area hope kind warts might casey joint aerial effectiveness effort improve efforts unmanned separate programs vehicles season continue coordinate cooperation unnecessary duplication specific better
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red flag air army away main hope plan area spend direct likely raises places general billion taken aircraft specific attention redundancy cartwright encanter force
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different common unmanned commonality set key pay occasion turn best area sure like side space mind rodes aerial ground rather extent making vehicle networks possible control vehicles redundancy procurement carter dr
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area add seek hawk able right thing adapt acquisition global normal others matter general payloads using indicated advantage practices cartwright capitalize specific within
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growing cost program intent performing growth earlier document referred important restoring recognizes cooperation productivity unnecessarily ago weeks issued
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need hawk money focus every thing allow important manage global asking dismay moment coming reason happens exactly becomes earlier indicated expressed attention unaffordable agree
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systems commonality air army draw read user right suite taking comment mission respect general handling payloads field rearward cartwright developing exploitation communications force
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thank chairman mr senator key the mix next best much field match brown value agento trying nelson strategy towards believe dollars systems unmanned afghanistan ingredients every
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budget yet top age isn need find fact streamline bottom review keanly curious federal maximize somebody avings daughters federally happening concerned government military aware
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congress equipment duty lead next jobs iraq point guard champ ready yards create asking effort budget amount stretch filling battle running thought reserve basically tremendous sitting quick
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forward need road equipment evaluating re may move sort used jobs care bring maybe thing stuff slated getting actually creating upgrading happening ultimately system everything expenditures understanding things
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equipment goes iraq reset major three speak depots juggling bringing whomever programon appropriate taking ll add refurbishing act
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equipment afghanistan class need guard units moved train third united across staged another towards forward theater states prepared something reposture positioned aspect directly
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probably equipment actually put date cost next last people ximize depots coming trying replace category train speaking efficient generation activities effectiveness keep
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need type sure case buck keep pick equip train whole saying mccain system competition iraqis making dealing towards provide senator highest lesser priority anything american maintain categories afghanistan balance combat try idea gang
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promote thing competition help west send lynn armed seems people agency better message federal product believe place equipment providing secretary government services price
01:00:30
captioning national capable corp 2010 captions satellite copyright institute performed
02:54:00
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captioning national cable corp 2010 captions satellite copyright institute performed
03:00:30
rather got choose veterans 700 tax cost able money young start making provide looking billion choices example november breaks somewhere millionaires scholarships billionaires people
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homeless veterans sure care zero roof often house heads every times proper served notion streets means medical something tolerance counseling everything country single
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emotional got dad need ties kind last meet right obligations folks across remind respect service overall country theme millions veterans desthive something education grateful point
03:02:00
members able veterans ii 11 pass same paid post bill family college spouses working benefit terrific congress world education generation grandfather transferable benefited means
03:02:30
find attention pay need huge lady keep going proud service changes priority homework families fighting military something everybody candidates oftentimes sacrifices hope
03:03:00
choices making got ask keep mess mean class place clean senate energy middle things country congress people governor something direction infrastructure stronger invest
03:03:30
thank much great right spending applause everybody
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applause
03:15:30
races house local closely country leading content communities visiting vehicles november contested elections span traveling midterm
03:16:00
virginia tourism second navy folk city area takes state parts southeast front areas ocean shore states hampton largest vibrant district dominant community primarily united industries northeastern congressional manufacturing beach corner far
03:16:30
republicans high sort keep race since beach tried drake large stream congressional election office income steady elected subject campaign interest myrtle democrats obviously certainly successful particular hotels
03:17:00
yet end best tell term left aimed established haven blogs almost expert freshman unseat slavet blasting emails incumbent districts impression vulnerable everything republicans ledge
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forces civilian military run side fact left large border extent concern program success serious pakistan happened confident dependent absolutely impressions largely successfully capabilities counterinsurgency afghanistan
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glen nye republican car self long runs made years scott ridge party third office really region facing account running present election military career dealerships independent congressional multimillionaire candidate active
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grew area part home since spent early overseas coming called native won norfolk working adult run congress life
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health plan care voted democrats ha run cap fire drew last trade views office budget federal drafted opponent congress stimulus expensive campaigned republican democratic consistent particularly environmental moderate legislation
03:19:30
significant party strong active run packed earlier friends mcdonald campaign bob accounts ridgele republican candidates contribution contributions many among donor
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win job five owned staff trail dealerships direct wealth either company million dollars campaign turned outspent invested donations everything candidates contributed election loans
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business parking example leadership lot show laid real haul true 1978 paris start resort gravel island learned started trailer privilege little principles university investigation principle solid
03:21:00
lot got bus help next plan care join elect three regulations south rigell health repeal months opposes planned feels carolina business inclusive community unleashed conservative coast efforts
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wants republican run june grow must last gains lower taxes golden issues repeal strong months primary started earlier running whether economy district dropped democrat military supporter independent particularly veterans capital tax nye
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service funds candidate kp lot hard navy head point beach group party local people record dropped decades working running campaign actively active virginia republican campaigning independent politics branch
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republican republicans many party messages ex win feel away full kept last kenny wants token golden backing several shouldn spoiler running office stepping candidate supporters upset
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africa south kept poster keep 2008 thing palin symbol mccain brought friends republican
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beach virginia ing won 500 gone goes near went hours palin dollar mccain couple apiece parties message election actually perceive president keep
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against obama policies nye may vote glen span ways care bill 2012 side drawn local people debate health chances content example virginia something itself referendum republican campaigning legislation president middle
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tax lcd org bill span talk house races breaks journal communities midterm country morning pascrell visiting november vehicles leeting contested elections districts washington information congressional closely traveling
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dan span live tell foods armed genetically jaydee hanson couple america network looking lungren events modified committee questions companion republican representative today services
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eastern health secretary 30 flu head hear such will mass gates human plans spend public center threats weapons against pandemic defending testifies proposals services destruction efficiently bioterrorism subcommittee department budget 00 10
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best both often video names trust might since issue every sides people causes washington poking nearly search always program whether appeared library together american interests following testimony celebrities congress little fun 1987 span
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right counsel consult let span radio court cases prior silent record listen rights remain either supreme riggete advised weekend december indicate landmark confession interrogation please
03:27:00
budget tax half doug 2012 head fall hour boost calls congressional office senate anemic economy economic recovery spending congress proposals committee elmendorf testifying considering unemployment talked
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elmendorf director far doug last third heard today months welcome forward economy testimony economists conditions our outstanding six note hearing
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ago let rate 2008 seven since faced begin midst great short worst depression twates fiscal shrunk budget outlook economy quarter fourth economic remember important recession providing overview critically crisis
03:28:30
crisis home financial set 000 800 jobs lost face 2009 sales never alone sector forget global record private calling housing economy january surging chance rippling plummingt unemployment foreclosures building market
03:29:00
federal chairman 00 next told fall days 2008 house crisis taking leaders meeting morning believed reserve previous congress collapse response believe financial democrats emergency republicans administration serious arrived
03:29:30
dr study job hope week both last begun brink weaker return growth pulled hearing economy blinder economic crisis although witnesses completed alexandriai successfully measures impact
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dr sum cost done find huge much real jobs substantial great report fiscal called probably averted effects blirnede nearly policies financial inflation taxpayers depression zandi
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economy jobs policy estimate response much 2002 acted saved worth chart costs makers feared nearly another recently actually compares federal responses depression comprehensive shows
03:31:00
rate unemployment jobs federal response far let high next 2010 knot must bring fewer create actual second picture million quarter chart hovering quarterly basis similar
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clearly dr economy 16 unsteady 2010 term near zandi woods faces rising crisis impact strong fourth remains quarter economic positive response analysis continue federal headwinds continues according significant blinder now 15
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mid job need measures focus boost great depression afford demand pulled believe promote mistake creation repeat thrained recovery prolonged providing liquidity additional 1930 quick
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tax end done each upper scale firms shows spent hiring impact refinements higher dollar relief hearing further workers forward payroll rankings policies insurance extending providing unemployment unemployed
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term care baby must near might ahead costs rising crisis system health budget latest inefficient economic addition deficits director outdated confront projected explode challenge generation reextended retirement information elmendorf looming tax area long find boom
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44 tax 100 the cuts 2054 kick rise debt doing years gross fully permanently federal deficit economy product putting domestic increase course policies reduction according recovered completely unsustainable profound place
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term fiscal long let need plan near sharp quote states united deficit earlier address markets bernanke conclude reassure enacting chairman probably policies financial reduction imbalances challenges confronting establishing credible
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believe plan term fiscal credible lead commission near rapid lower rates indeed growth develop neither meeting however members nothing president beginning practical advisable commitment challenges interest preventses demonstrated important long
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commission hard greg senator attest atoast economy believe forward economic hearing mr witness chairman testimony observations view turn done thank
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confidence people impact markets american government 20 size debt much lost occur until clear seeing office believe country serious grossly recovery exploded deficits pretty administration overexpanded rising
03:36:00
activity size regulatory ch 24 26 27 and hard huge able care down point small headed health exploded massive creating business weighed expansion businesses government especially bill
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credit small bill act frnl fact laws cause caused system passed trying expand reform future coupled whether banking serious problems contract specific retarded companies businesses availability significantly uncertainties transgression correct
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regulatory layers agents created without anything contract hundreds activity continue including initiatives significant significantly substantially agency
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congress agency consumer since brand comes stream headed before anyone people appear credit called process funding subject reserve powerful probably individual absolutely washington therefore confirmation transgression accountability constitutional protection federal hoc
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agency purposes law small leader credit agenda social predict justice business pursuing congress director requires american consumer appears inundated political protecting accountability appropriations defined confirmed
03:38:30
economy moving excess forward government debt begin place people happen control concern federal deficit systems putting capacity spending financial confidence regulation future
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enemy function old met done pogo saying care begin expansion health credit become process markets orderly economic system effectively responsible efficiently bureaucratic reorganization rather
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director senator elmendorf years thank impact please change conrad outlook federal looking forward economy welcome members country pursuing thoughts policies committee questions potential proceed government especially appreciate opportunity testimony discuss need last greg
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recession unemployment 10 ago rate ended level smares stands bounced reached lengthy quickly written economy million falloff actions comments occurred although statement participation policy higher
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crisis lack tend jobs stop force labor takes house began holds asset shows international people caused equity recover markets average replenish looking available following recoveries recessions experience slower financial
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rate need 2014 2012 weak laws basis boost regain constraint restore primary current capital expects factors recovery remain reinvest resulted services businesses confidence unemployment spending demand
03:41:30
policy jobs both scale april people report makers cannot sufficient output impacts actions applied however reverse reviewed fiscal problems monetary released judgment recession increase losing
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spending years federal permanently economy cut pay cuts size next path debt price taxes headed suffer policy higher fiscal budget already changes options relative increase increased larger government unsustainable employment 50 tax
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additional fiscal between years diction several economy stimulus imposing providing restraint increases intrinsic employment debt accumulated weigh output close temporary
03:43:00
policy set few widen years their taxes reduce makers assist effect report fiscal combination deficit reverse changes relative baseline spending required analyzed decisions potential temporary quantified projections policies actions
03:43:30
economy policies key two ber cost scale costs dollar depend figure effect involve overall increase reported budgetry findings yearfects output temporary summarizes difference implemented significant budgetary making
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temporary smallerfects increase business provide tax yet the bang buck arise large direct effect demand incentive largest economy payroll services dollar reduction investment additional hiring
03:44:30
income tax tut cuts lead debt term 2003 2001 board short reduce unless accumulation adopted effects tations policies requests explained estimated longer reduction temporary extending offsetting government termfects across
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tax models spring budget follow 2012 effects analyst economy methodology followed used estimate inflation analyzing estate president 2009 2011 reinstating adjusted
03:45:30
economic supply growth restrained four used term 3789 near 2020 side left focus shown impact models demand factors speaker capital contrast beyond shortfall approaches alternative policies labor
03:46:00
extension extend 2012 provisions full partial permanent order income except expect applying taxpayers tax extending permanently high cuts
03:46:30
cuts tax boost full part high years occur lower goods taxes income demand expire output activity provide relative economic increase services penchtly applying reported current extending extension taxpayers temporarily bloment law next
03:47:00
effects extension term boost larger tax net cuts long next full hand years forces longer partial results provide economy however different temporary extending competing government
03:47:30
economic term point longer growth results reduces borrowing tax yes net show hand rates boost worth shows lower effect excuse people picture netting increased government forces slide
03:48:00
different estimates models options net tax four span 2020 broad shows based range forces income across however netting averages indicates figure increases assumptions overallfect extending saving
03:48:30
tax cuts 2020 income national permanent extensions put law debt path occur beyond reduce expire larger become federal machine relative probably unsustainable reductions especially alternative extension current
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budget 700 high 2020 apply taxes adjust income double future certain specifically dollars roughly federal spending trillion projected permanent billion extension taxpayers reductions provisions accompanied increases deficit
03:49:30
reductions tax spending increases policy future either makers require adopted put federal permanent unsustainable policies accompaniedly debt much path shown
03:50:00
effect thank largest let aid next much rise weak bang buck share might enact shows budget amount economy economic question increase large policies temporary strengthen unemployed analysis terms
03:50:30
temporary additional tax payroll reduction one time line lower taxes middle income credits effects employee payments policies security employers smaller refundable significant households social
03:51:00
effect increase cha bang buck defer least final things income option looked smaller options although found positive reduction temporary investment infrastructure analyzed taxes
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slide updated mr yes let yeah 2010 mind right point early quick course little change assume points numbers whoever picture enacted helpful correct chairman possible policies estimates controlling screen
03:52:00
focusing tax cuts extending two bit year 2011 bang true buck began basic lower wouldn option effect little numbers pattern options window stronger different extension almost actually
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effect add tax let key done cuts size list scale wants thing dollar issues consideration larger another certain economy options question chairman others confront budgetary recognize important colleagues congress impact mr per
03:53:00
extension tax term cuts actually negative long return modest short pretty positive respect bang analyze although permanent buck 2011 2012 results
03:53:30
largest options tax term run four ways long boost terms haven short income effect longer looked studied national economic negative expiring different permanent correct provisions extensions negativefect extending growth
03:54:00
effect tax extra government run cuts long term drag many occur rates lower short saving effort larger growth respect positive deficits associate economic borrowing conclusion significantly generated income
03:54:30
tax cuts least correct positive mr yes deaf bang buck term terms effect longer looked harmful economic financed actually expiring although policies economy extending additional provisions growth
03:55:00
positive tax terms extending cuts hand bang buck among rated boost short really mildly helping creates weakest economic chairman although growth seriesor conundrum policies effect
03:55:30
term long spending negative taxes rather additional effects higher deficit changes financed symmetric government help offsetting accompanied lower short right effect
03:56:00
growth tax cuts long economic run hurt debt term many time medium future allowed somehow harmful effects natural actually increase analyses negative intuition countssbutesive deficits people
03:56:30
thinking tax borrowing far cuts goes save companied rates lower people simply crowds budget private capital problem changes incentive correctly funded investment productive situations government right invest
03:57:00
less visible important term people apparent economic equipment buildings long intuition computers machinery testimony connection growth incredibly sorts source indirect
03:57:30
term additional tax cuts short spending neck hope boost today serve saying weight people impact giving either projected longer provide economic actually increase anything stimulus deficits whether listening growth around hurt hear debt
03:58:00
economic yes much hope coin true side right logic thank point testimony people engine effect paying borrow another exactly spend senator spending crowding activity attention country gregg
03:58:30
table cuts read point analysis along rather report spending actually economic activity generates symmetric try tax complicated show
03:59:00
effects right policy modeled tax cut far put done hand path 2020 looks taxes beyond needed fiscal column assumed initial later directly increases sustainable columns rates
03:59:30
spending government tax goi let ask much negative rates middle effect another columns economy question reduction increase returned budget increases important testimony projections sustainability longer term

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